butler township: Adams Township - Market Update - up to $199,999
- 07/06/10 09:46 AM
Absorption Rate drops to "2 months of inventory" The absorption rate is what I like to look at to really get a feel for what is going on in the market. What is the absorption rate? The absorption rate is the rate that the current inventory gets absorbed (or sold) in a given month. A small number tells me that more homes are being sold than going on the market. A larger number tells me that more homes are coming on the market than being sold. What is happening in Adams Township? Well, it appears that homes under $200,000 are … (0 comments)
butler township: Cranberry Twp - Market update for Homes priced $200,000 to $399,999
- 06/21/10 08:41 AM
Cranberry Township - Market Update for homes priced $200,000 to $399,999 December 2009 - May 2010 Looking at the market statistics in the $200,000-$400,000 price range, I believe it is a great price range to be in if you are a seller and you are looking to sell your home! Here are some current statistics to show you why: The median sale price in this price range for the month of May was $280,000 The "days on the market" for the past 6 months has ranged from 64 to 105. (April averaged 64 days on the market before the … (0 comments)
butler township: Cranberry Townhship - Now is the time to sell!
- 06/21/10 03:52 AM
Cranberry Township .... if you have been thinking of moving, now is a great time to sell! I was working on housing market statistics and found the following information interesting so I thought I would share it! In Cranberry Township between the periods of Dec 2009 through the end of May 2010 - for homes under $200,000: The average days on the market ranged from 53 to 101 The average sold to list price ranged from 92% to 97% (92% was in January) The average active "for sale" price is up 2% over the last 6 months The average "sold price" was up … (1 comments)
Absorption Rate drops to "2 months of inventory"
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